Hicotronics Devices Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.70 M
- Company Age 27 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 104.25 Cr
- Satisfied Charges ₹ 46.88 Cr
- Revenue Growth 17.66%
- Profit Growth 132.92%
- Ebitda 96.65%
- Net Worth 77.50%
- Total Assets 7.39%
About Hicotronics Devices
Hicotronics Devices Private Limited (HDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1997 and has a history of 27 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Aerospace, Maritime And Defense Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.70 M.
The company currently has active open charges totaling ₹104.25 Cr. The company has closed loans amounting to ₹46.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Kumar, Jeetendra Chopra, and Sumit Chopra serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32103KA1997PTC022667
- Company No.
022667
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Aug 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Hicotronics Devices Private Limited offer?
Hicotronics Devices Private Limited offers a wide range of products and services, including Industrial Automation Systems, Relays and Contactors, Relays.
Who are the key members and board of directors at Hicotronics Devices?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Kumar  | Director | 20-Aug-1997 | Current |
| Jeetendra Chopra | Director | 30-Sep-2004 | Current |
| Sumit Chopra | Director | 03-Apr-2014 | Current |
Financial Performance of Hicotronics Devices.
Hicotronics Devices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.66% increase. The company also saw a substantial improvement in profitability, with a 132.92% increase in profit. The company's net worth Soared by an impressive increase of 77.5%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Hicotronics Devices?
In 2023, Hicotronics Devices had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Himil Uwave Researchco Private LimitedSuresh Kumar and Sumit Chopra are mutual person
Charges (Loans)
₹1,042.53 M
₹468.85 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 103.65 Cr
- Others : 0.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2023 | Others | ₹2.13 M | Open |
| 27 Mar 2023 | Others | ₹3.94 M | Open |
| 03 Jul 2020 | Hdfc Bank Limited | ₹52.22 Cr | Open |
| 26 Sep 2017 | Hdfc Bank Limited | ₹51.42 Cr | Open |
| 27 Dec 2016 | Canara Bank | ₹14.00 Cr | Satisfied |
How Many Employees Work at Hicotronics Devices?
Hicotronics Devices has a workforce of 100 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hicotronics Devices, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hicotronics Devices's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
